Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

EuroDry Ltd. - Common Shares (NASDAQ:EDRY)

Long-Term Downtrend (-90) - EDRY is in a strong downtrend that is likely to continue. While EDRY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid EDRY?

MarketClub looks at technical strength and momentum to determine if the timing is right for EDRY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low EDRY Price Change
15.5200 15.8900 15.3447 15.7366 -0.2534
Entry Signal

MarketClub’s Trade Triangles for EDRY

long term down The long-term trend has been DOWN since Jun 10th, 2022 at 23.4799

intermediate term down The intermediate-term trend has been DOWN since Aug 16th, 2022 at 16.0200

short term down The short-term trend has been DOWN since Aug 12th, 2022 at 18.0400

Smart Scan Analysis for EDRY

Based on our trend formula, EDRY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for EDRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.5200 15.8900 15.3447 15.7366 -0.2534
Prev. Close Volume Bid Ask Time
15.8600 107752 2022-08-17 15:59:44
Year High14.5Year High Date2018-09-25
Year Low4.89Year Low Date2018-05-31
52wk High44.9952wk High Date2022-04-21
52wk Low15.192652wk Low Date2022-07-15
Average Volume55,080Shares Outstanding2,348
Market Cap17MAssets169,141,461M
Liabilities79,541,468MP/E Ratio1.4046
Get a free daily analysis and signals for EuroDry Ltd. - Common Shares (EDRY) - Request Your Free Report.